Joe Chetrit revealed as buyer of SL Green’s 1231 Third Avenue

The sale of SL Green’s 1231 Third Avenue closed on Tuesday, and the buyer was Joe Chetrit of the Chetrit Group, according to sources familiar with the deal. Chetrit purchased 1231 Third Avenue along with a development assemblage at 252-254, 257, 259 and 260 East 72nd Street for $144 million. The deal included $120 million in financing from SL Green’s lending division. The company will likely plan some type of residential tower for the East […]